Turning Excess Retail Inventory Into Cash
How to turn excess retail inventory into cash.
The Full Cost of Inventory: Exploring Inventory Carrying Costs
When you reduce inventory, not only are you freeing up capital, but you are also creating opportunities to reduce expenses, improve profitability, and increase cash flow.
Managing Retail Inventory and Maximizing Return on Inventory Investment
Don't fall in love with your inventory, it's not likely to love you back. It's either going to be sold and converted to cash, or it's sitting there tying up cash, costing you more cash each and every additional day it's not sold.
The True Cost of Retail Inventory
When not managed carefully, inventory costs can be the difference between being profitable or losing your shirt.
Putting A Retail Open-To-Buy To Work
With a retail Open-to-Buy, you'll gain better insight -- and better revenues -- into how much inventory you need to acquire and sell each month.
Cycle Count, Cycle Count, Cycle Count
Once you’re in the habit of continuously cycle counting, you’ll probably never have to do a full physical inventory again.
The Coin of the Realm
Why inventory management is of critical importance to small retailers.
So What Exactly Is A Retail Open-To-Buy?
It’s a tool that in the hands of a fully committed small retailer can profoundly improve financial performance.
A Retail Inventory Management Key - Think of Inventory in Terms of Time
Small retailers who think of their inventory in terms of weeks of supply almost always experience healthier cash flows.
The Dollars and Cents of Inventory Turn
Inventory turn can be a powerful metric for freeing up vital dollars and cents for more productive purposes.
Retail Inventory Turn and GMROI - Measuring Inventory Productivity
Sales, profitability, and cash flow are directly linked to a small retailer's ability to manage inventory productively.